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The Street, East Preston, Littlehampton, West Sussex - Image 1
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The Street, East Preston, Littlehampton, West Sussex - Image 3
The Street, East Preston, Littlehampton, West Sussex - Image 4
The Street, East Preston, Littlehampton, West Sussex - Image 5
The Street, East Preston, Littlehampton, West Sussex - Image 6
The Street, East Preston, Littlehampton, West Sussex - Image 7
The Street, East Preston, Littlehampton, West Sussex - Image 8
The Street, East Preston, Littlehampton, West Sussex - Image 9
The Street, East Preston, Littlehampton, West Sussex - Image 10
The Street, East Preston, Littlehampton, West Sussex - Image 11

The Street, East Preston, Littlehampton, West Sussex

South East

£900,000
Listed on 10/10/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1485 sqft

Description

Spike Lodge Cottage presents a unique opportunity to acquire a detached four-bedroom residence in the heart of East Preston Village. This home, with roots dating back to the early 1800s, combines historical charm with a versatile layout that can accommodate various living arrangements, including the possibility of converting space for additional bedrooms. The interior features multiple reception rooms on the ground floor, providing flexibility for family life or potential office space. The kitchen is spacious enough to include a breakfast area and connects to a utility room for added practicality. A conveniently located downstairs bathroom enhances the functionality of this level. Upstairs, two bedrooms are offered, including a generously sized primary suite with an ensuite shower room. The main family bathroom is also situated on this floor, supporting both comfort and convenience. The property sits on an impressive corner plot with a south-facing rear garden that includes a swimming pool and ample outdoor space for gardening or entertaining guests. The surrounding flint wall adds character and creates privacy. Additionally, there’s a detached garage that has been partially repurposed as an office space, perfect for those working from home or looking for creative use of their property. While Spike Lodge Cottage requires some renovation to unlock its full potential, it stands as an excellent investment opportunity in a desirable location close to local amenities. Its character and flexible living spaces make it ideal for those looking to create their dream home while benefiting from future value appreciation in this vibrant community. Early viewings are encouraged to fully appreciate what this property has to offer.

Investment Analysis

(BN16 area)

Above Market Value

This property is priced +52.6% above area average per sq ft

+52.6%
This Property
£606/sq ft
Area Average
£397/sq ft
Avg Rent (weekly)
£334
Avg Yield
3.9%

Renovation Potential

Est. Renovation Cost
£90,000 - £225,000
10-25% of property value
Target Value
£648,581
10% above area average per sq ft
Potential ROI
-42.3%
After renovation
Monthly Sales
27
Average per month
Market Turnover
33%
Properties sold annually

Local Market Trend (BN16)

Area prices are stable by +0.3% over the last 12 months
3 year growth: -1.1%
5 year growth: 16.8%
Investment Disclaimer: Analysis based on BN16 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

The Street, East Preston, Littlehampton, West Sussex
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